County profile
Armstrong County, PA
United States · GDP 2024
#1025 of 3,127 US counties by GDPtop-decile growthmore diversified than 82% of counties
EA Place Score
——methodology in progress
GDP 2024 (USD)
$2.8B
BEA · 2024
GDP growth (YoY)
+13.7%
BEA · 2024
Jobs tracked
14,258
Census CBP · 2023
Employers
1,288
Census CBP · 2023
Avg. wage
$49.7k
BLS QCEW · 2023
Population
63,698
Census PEP · 2025
Labor, income & education
Unemployment
4.2%
Median HH income
$65.0k±$1.9k
Bachelor's degree+
19.0%±1.2%
Poverty rate
11.8%±1.3%
Business applications
607 · 2025
Retail establishments
178
27.9/10k pop
Public companies headquartered here
SEC EDGAR · FMPCompanySectorRevenueEA
1Apollo Bancorp, Inc.Financial Services$11.5M56CHQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).
Industry mix · employment
Health care32%
Retail trade18%
Manufacturing16%
Food & accommodation13%
Transportation11%
Other services10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
63,698
residents · 2025 · -2.7% since 2020
Income per capita $60.8k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+151
International migration+74
Natural change−2,012
GDP trend
2019–2024 · nominal
$2.3B2019
$2.1B2020
$2.3B2021
$2.5B2022
$2.5B2023
$2.8B2024
Real estate & risk
FHFA · ACS · FEMA
Median home value
$157.3k±$4.8k
Median gross rent
$785/mo±$40/mo
Vacancy rate
12.7%±0.9%
Affordability
3.2× wages
Residential permits
$9.3M
29 units · 0.5/1k pop
FEMA risk score
69.3
HUD Fair Market Rent (2BR):$1.0k/mo · 2026
TOP PERILS · FEMA NRI
Landslide 85Lightning 72Avalanche 52
FHFA HOUSE PRICE INDEX · 2016–2025
2442016
2392017
2472018
2592019
2702020
2932021
3332022
3502023
3702024
3912025
RESIDENTIAL PERMITS · 2021–2025
↓ -53% since 2021622021
442022
692023
572024
292025
Transport access
BTS · FAA · USACE
Nearest interstate
41.4 km
I-80
Nearest freight rail
4.7 km
BPRR
Nearest port
4.7 km
ASBURY GRAPHITE MILLS, APPLEWOLD DOCK
Nearest commercial airport
60.1 km
ARNOLD PALMER RGNL
Wage trend
BLS QCEW · 2019–2023$49.7k
avg. annual pay · +18% since 2019
Similar US counties
nearest by GDPNearby & same-state counties
by GDP rankThe read
What is the GDP of Armstrong?
Armstrong's economy produced $2.8B in 2024, growing 13.7% year over year — faster than 96% of US counties. Its largest employment sector is health care.
GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.